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The Complete Goldco Review for 2024

Introduction to Our Goldco Review

Because of inflation (thanks, Federal Reserve!), millions of Americans are worried about their retirement savings. Can their portfolios hold their value in the face of skyrocketing prices? Will they have enough to live comfortably during their golden years?

To protect decades of hard work, many savers and investors are rolling over their accounts to precious metals. Gold and silver’s traditional role as a hedge against inflation and market volatility offers peace of mind and a sense of financial stability to folks just like you.

(Related: How to Protect Your Retirement: The Ultimate Guide to Precious Metals IRAs)

One of the biggest names in the precious metals investment sector is Goldco. They’ve helped their customers buy over $2 billion in gold and silver over the years, and they’re known for their “white glove” customer service, assisting thousands in diversifying and protecting their savings.

But is Goldco the right company for you? To save you hours of research, we did all the digging and scraping to bring you all the relevant information you need to make an informed decision. So, we invite you to read our in-depth Goldco review below to see if Goldco can partner with you to defend your retirement.

Pros & Cons of Investing with Goldco

Pros

  • Low maintenance fees
  • Stellar customer service ratings
  • Buyback guarantee

Cons

  • Larger investment minimums
  • Relatively higher premiums
  • Limited asset selection for IRAs

Can I Trust Goldco?

Before entrusting your hard-earned savings to Goldco, or any financial institution, it’s a good idea to “kick the tires” to see how they treat their customers. You can do this by reading about the experiences of other Goldco customers.

You can find two types of reviews, one by a third-party, objective rating agency and the other by customers themselves. For the rating agencies, we analyzed Goldco’s reputation as reported by the Better Business Bureau (BBB) and the Business Consumer Alliance (BCA). Customers can leave their Goldco review on sites like TrustPilot, TrustLink, and Google. The BBB and BCA also have a review section for the companies they rate.

The BBB gives Goldco an A+ rating for its responsiveness to customer issues and attentiveness in resolving any problems. An A+ is the BBB’s highest rating and indicates that the company meets the standards for responding to and attempting to resolve customer complaints. You can find Goldco’s BBB profile by clicking here.

The BCA gives Goldco a AAA rating, also its highest. The BCA explains in its rating guide that AAA companies like Goldco have no negative records impacting their rating. See the BCA’s Goldco review here.

Consumers also rate Goldco highly. It has over 600 customer reviews with a 4.82 out of 5 average rating on the BBB’s website.

Goldco has over 1,200 Goldco reviews on TrustPilot with an average 4.8 out of 5 rating. An analysis of reviews here shows customers praising Goldco for making the rollover process easy and smooth. Goldco customers express gratitude to Goldco for taking the unknown out

On TrustLink, Goldco has over 250 reviews averaging 4.8 out of 5 stars. Reviewers here say Goldco made them feel comfortable with the rollover process, and the account specialists were patient and answered questions quickly and completely. They were happy with their experience and recommend Goldco to others.

Goldco has over 1,700 customer reviews on Google with an average 4.9 out of 5 stars. Those leaving a review on Google state Goldco’s precious metal specialists were friendly, polite, and professional. Many customers explain they felt respected and that their wealth was in safe hands.

Financial Liberty at Risk? - Read our Goldco Review

Complaints Against Goldco

After reading through hundreds of reviews, we found that the customers who didn’t enjoy their experience with Goldco did so mainly due to Goldco’s precious metals premiums above spot, feeling pressured to buy coins sold exclusively by Goldco (therefore having a lower resale value), having trouble selling their holdings, or not having their questions or concerns answered in a timely manner.

It should be noted that Goldco is very responsive to all customer reviews, both positive and negative, and attempts to resolve problems customers may have.

Who Else Trusts Goldco?

Goldco enjoys endorsements from noted economic pundit Ben Stein, actor Chuck Norris, and television hosts Sean Hannity and Stew Peters.

Goldco has also won awards from Money Magazine for Best Gold IRA Company and Best Customer Service for a Gold IRA Company. Goldco has also been recognized as one of the INC 5000’s fastest-growing companies.

Does Goldco Have a Buyback Program?

Goldco does offer a buyback program. The company states, “Purchase your precious metals with confidence knowing that if your circumstances change, Goldco offers a buyback program guaranteed at the highest price.”

An important note: the fine print matters, so if you decide to invest with Goldco, make sure your purchases qualify for its buyback program.

What Are Goldco’s Fees?

The required minimum purchase at Goldco to start a gold IRA is $25,000. Goldco’s preferred Custodian charges a flat annual account service fee which includes a one-time IRA account set-up fee of $50. as well as a $30 wire fee. Annual maintenance is $100, and storage is $150 for segregated storage or $100 for
non-segregated storage.

Fees for gold storage and custodianship can vary depending on the company you select to handle these services (required by the IRS, as all IRA assets must be managed by a custodian). Depending on the Custodian, storage fees can range from $10 to $60 per month, or as a percentage of assets, from 0.35% to 1% annually. Goldco does not charge any storage fees for cash transactions over
$25,000.

It should be noted that Goldco regularly offers to reimburse custodian fees to their customers, and if you plan to invest with Goldco, you should ask about this incentive.

What Are Goldco’s Investment Minimums?

Goldco requires investors to have at least $50,000 in a retirement account like a 401(k) or IRA or at least $20,000 in a savings account. This allows Goldco to save on bulk precious metals purchases and depository fees because it’s able to negotiate better terms for those purchases and storage fees.

For direct purchases, Goldco requires at least $10,000 to get their customers the best precious metals prices.

What is Goldco?

Goldco is a premier precious metals IRA investment company, founded over a decade ago after the 2008 financial crisis by Trevor Gerszt. Gerszt noticed the need for greater financial stability from precious metals investments and created Goldco with the mission to be the most ethical and trustworthy company in the industry.

For more than 15 years, Goldco has earned an outstanding reputation for its financial services and products, providing expert advice and assistance for customers interested in diversifying their retirement investments with gold and other precious metals. The company’s headquarters are located in Calabasas, California.

Goldco aims to help customers of all levels understand how gold and other metals can help them protect their money and grow it over time. Goldco was one of the first companies to provide investors with a safe way to participate in self-directed IRAs backed by physical precious metals instead of paper assets.

The company works with major custodians around America to help investors own gold within their IRA accounts. Goldco also helps customers choose which type of physical metals they should invest in depending on their needs.

How is Goldco different?

Goldco distinguishes itself from other companies through its customer service. The company wants to make sure its services are tailored to the right kind of customer. As a result, Goldco’s precious metals specialists make sure customers understand every step of the IRA rollover process. Goldco calls this its “white glove” service.

In the same vein, Goldco has a ton of free educational material for its customers and prospective customers. Its guides, investment kits, newsletters, and videos teach customers how to maximize their precious metal investments. Goldco also prides itself on making its precious metals specialists available through phone, email, and chat to answer any questions. They want their customers informed before rolling over their retirement savings or making direct purchases.

Goldco’s stellar reputation has helped it become a leader in the precious metals investing market. Major consumer ratings agencies including the Better Business Bureau, Trustpilot, and Trustlink all rate Goldco highly. Customer reviews are overwhelmingly positive.

Goldco frequently offers promotions to help its customers maximize the value of their savings. These include IRA fee reimbursement or giving a certain percentage of a transaction back in free silver.

Goldco’s buyback program is one of the best you can find. If you choose to sell any metals purchased through Goldco, the company will find you the best offer available. 

What Services Does Goldco Offer?

Precious Metals IRA: For investors with tax-advantaged retirement accounts such as a traditional or Roth IRA, 401(k), 403(b), TSP, or similar accounts, Goldco offers an IRA with holdings in gold or silver, and they specialize in helping customers convert or rollover their current savings into precious metal IRAs. Goldco also helps customers comply with IRS regulations when it comes to self-directed retirement accounts.

Direct Sales: Goldco also allows customers to buy physical gold and silver, independent of any retirement account.

Who Should Invest with Goldco?

If you’re retiring in the next few years, and you’re looking to protect your retirement savings from wild stock market swings or a higher cost of living thanks to inflation, Goldco’s services are probably a good fit for you. Their customer onboarding process is straightforward, and you can even “kick the tires” by phoning or chatting live with a customer support specialist on their site before making any commitment.

Goldco’s typical customers are individuals looking to protect their retirement savings from market volatility. The company allows customers to diversify their portfolios with physical gold and silver assets, which can help reduce risk and increase returns over time. Goldco also offers personalized advice to help customers make informed investment decisions. With a team of experienced professionals, Goldco provides customers with the knowledge they need to make sound financial decisions.

Just a reminder, Goldco’s precious metals specialists aren’t licensed to offer tax or legal advice, so if you have questions about the tax or legal implications of a gold or silver IRA, be sure to consult with your financial and/or legal advisor.

How Can I Invest with Goldco?

Goldco makes the rollover process easy. Their onboarding starts with submitting your information to see how their services can meet your needs. You fill out an application and choose how to fund your account. After funding is complete, you’ll get to choose which assets to purchase with your savings.

How Does Goldco Store Precious Metals?

Goldco works with the Delaware Depository, a storage service with vaults in Wilmington, Delaware, and Orange County, California, to protect customers’ gold and silver assets.

Conclusion

Goldco is a terrific option for those who are ready to retire and need to diversify their portfolio. The company’s customer service and good reputation grant peace of mind to any who might feel nervous about taking the jump into precious metals investing. If Goldco sounds like a potential partner, we encourage you to reach out by clicking the button below.

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